The global market is forecast to reach a value of USD 2.13 Billion by 2021.
The rapidly increasing aging population, growing applications in the pharmaceutical and nutraceutical industries, and growing consumer preference towards capsule-based formulations are the major factors driving the growth of the market. However, increasing raw material prices, stringent regulatory frameworks, and religious as well as cultural specifications are expected to limit the growth of this market to a certain extent.
Based on therapeutic applications, the empty capsules market is subsegmented into antibiotic and antibacterial drugs, vitamins and dietary supplements, antacid and antiflatulent preparations, antianemic preparations, anti-inflammatory and anti-rheumatic drugs, cardiac therapy drugs, cough and cold preparations, and other therapeutic applications.
The antibiotic and antibacterial drugs segment accounted for the largest share of the global empty capsules market in 2015. Based on end users, the market is subsegmented into the pharmaceutical industry, nutraceutical industry, cosmetics industry, and research laboratories. The pharmaceutical industry accounted for the largest share of the market in 2015.
Geographically, the empty capsules market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America commanded a major share of the market. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Growth in the Asia-Pacific market can be attributed to growth in the pharmaceutical and nutraceutical industries along with less stringent regulations in the nutraceutical industry, increasing number of new healthcare facilities, and rising healthcare awareness.
- Acg Worldwide
- Bright Pharmacaps Inc.
- Capscanada Corporation
- Medi-Caps Ltd.
- Roxlor, LLC
- Snail Pharma Industry Co., Ltd.
- Suheung Co Ltd.
- Sunil Healthcare Limited
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Industry Insights
6 Market Overview
7 Global Empty Capsules Market, By Product
8 Global Empty Capsules Market, By Therapeutic Application
9 Global Empty Capsules Market, By End User
10 Global Empty Capsules Market, By Geography
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/6bxpgz/empty_capsules
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SOURCE Research and Markets